Socialism is based on some form of social ownership of the mans of production.
Communism is the next stage of the socialism.
Marxism is a political ideology that calls for central planning of the economy.
Only under a capitalism ideology the economy runs through the private business. This is a free market economy.
Answer: B ) Capitalism
The type of organization that is important to china's economic development is international ais organizations.
<h3>What do you mean by economic development?</h3>
Programs, policies, or initiatives aimed at enhancing a community's economic health and quality of life are known as economic development initiatives.
The market-oriented economy of the People's Republic of China, which is developing and has a middle-income level, combines economic planning through industrial policies and strategic five-year plans.
Hence option 3 is correct.
Learn more about china's economic development:
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I would say A and B are correct.
westward expansion and economic prosperity
I think it determines your progress at something. It determines on what you can, or need to improve, or possibly change.
